Government Intervention and Impact on the Housing Market in Greater Dublin

Datos Bibliográficos

ID11484166
AutoresJames Berry (0000-0001-7010-6992, autor de correspondencia), Stanley McGreal (0000-0002-4992-7531, Belfast City Council), Simon Stevenson (0000-0001-7090-5938), James Young (0000-0002-7776-7600)
Año2001
Volumen16
Número6
Páginas755-769
Fecha de publicación2001-11-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaHousing Studies (JOURNAL)
Identificadores de la revistaISSN: 0267-3037 • E-ISSN: 1466-1810
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/02673030120090520
OpenAlexW2001769557
IdiomaEN
Citas recibidas2
Referencias citadas10

This paper examines the conflicting outcomes of government intervention in the housing market with particular reference to taxation instruments. The use of fiscal policy as a demand-side measure within the Irish housing market is discussed. Outcomes include a high growth environment, unsustainable house price inflation and pressure on owner occupiers due to the activities of investors. The paper reviews policy mechanisms advocated under the Bacon Reports and the government's policy response notably in relation to stamp duty changes. The analysis seeks to assess the impact of the policy measures in relation to different housing markets and house types in Dublin. The discussion highlights that the short-term impact of legislative changes can be rapidly nullified by market influences. Keywords: TaxationHousing MarketsDublinBacon Reports

Business · Duty · Economic interventionism · Economic policy · Economics · Government (linguistics · Inflation (cosmology · Intervention (counseling · Irish · Legislature · Political science · Politics · Public economics · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Housing, Finance, and Neoliberalism